Verizon admits it ‘overhyped’ Go90

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Verizon, in a rare moment of honest self reflection, acknowledged today that its Go90 streaming service “did get a little bit overhyped.” According to FierceCable, Verizon CEO Lowell McAdam made the remarks during a conference this morning. He added that Verizon contributed “to some extent” to setting these high expectations. It’s unclear who else might be responsible for this.

McAdam’s comments were meant to tone down the expectations around Go90, which hasn’t been the overnight success that Verizon initially indicated it was hoping for. “We didn’t believe that it was going to move the needle on [Verizon’s overall] $130 billion revenue stream overnight,” he said, according to FierceCable. “It’s one of those things you have to work…

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This post has already been read 222 times!